The upcoming MPC meeting will address challenges such as rising CPI inflation and concerns about moderating growth. Vegetable inflation has been the main driver of recent inflation spikes, but prices are expected to moderate as supply improves. However, inflation in other basic food items remains high, which could impact household inflationary expectations. The monsoon deficit has further aggravated food inflation concerns.
from Economy-News-Economic Times https://ift.tt/y0hobA1
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